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18 February 2025 | 4 replies
Here are some financing options to consider:HELOC or Cash-Out Refi on Another Property – If you or your mom have equity elsewhere, this could be a more flexible and lower-interest option.Business Line of Credit – Since the property is in an LLC, you might qualify for a business LOC, which could cover construction costs.Private Money Lender – If you’re okay with 12-15% rates, a private lender could fund this as a short-term loan, especially if the guesthouse will generate strong income.Construction Loan – Some lenders offer short-term construction financing, which converts to a longer-term mortgage once completed.Seller/Partner Financing – Bringing in an investor or structuring a joint venture with someone willing to fund the build in exchange for a share of the income.Credit Card Stacking or Unsecured Business Loans – Riskier but could work if you need to bridge a gap until the unit starts cash flowing.Would love to hear more details—especially your timeline and expected rental income.
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14 February 2025 | 2 replies
This home has been highly operational with high rates of occupancy, bringing in anywhere from $500-$1500 a month in overage beyond our monthly expenses.
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19 February 2025 | 20 replies
Or they bring a deal that professional acquisitions teams already know about.
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2 February 2025 | 6 replies
We plan to keep them on a month to month lease but after a few months, have them sign a year lease and increase rent, however, we need help finding a GOOD app/website to get lease agreements/documents from or get a template so we can fill/add certain things we want.
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19 February 2025 | 0 replies
He knows local investors to bring me bids now that property is cleaned out and cleaned up.
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11 February 2025 | 0 replies
I see the website and they have construction crew which turned up when I requested some renovation work for one of my other project.
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6 February 2025 | 0 replies
I still hire a videographer though, I just use this website to complement the content I create for the home I have.AI in general has been on a crazy uprise.
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17 February 2025 | 4 replies
I do my best to be the intermediate between the consumer and the seller, simply by bringing awareness to a buyer's potential.
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7 February 2025 | 5 replies
Been a while since I last visited this website.
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17 February 2025 | 10 replies
You might as well start now in case they suddenly bring up the 3-6-12 months notice required to leave them.